Rising yarn rate in Tirupur

    The hosiery yarn rate is on the raising side yet again. The Tirupur exporters are worried again after the appreciating Indian rupee crisis. In fact the order to Tirupur town has reduced considerably and to add fuel to this yarn rate is increased from the today. On going dyeing crisis, the capacity close down of many dyeing unit has bossed yet another problem to the exporter. The yarn rate is increased by 3 to 5.Rs across all counts.